Gain complete visibility into project progress, budgets, revenue, and profitability
Project Accounting
Manage various project-based plans involving multiple employees, tasks, and materials, while tracking budgets, inventory, change orders, timesheets, billing, and reporting. The Acumatica Project Accounting module is an ideal tool for professional service organizations, suitable for engineering firms, construction companies, marketing and advertising agencies, consulting firms, and law offices. The Project Accounting module integrates seamlessly with other modules, including General Ledger, Accounts Payable, Accounts Receivable, Sales Orders, Purchase Orders, and Inventory Management.
Project Cost Tracking
Gain full visibility of project-related material, labor, service, and inventory costs.
Flexible and Accurate Billing
Apply different billing rates based on employee/customer, work type, or specific project, and recognize revenue based on completion percentage or task progress.
Real-Time Budget Reporting
Compare actual project costs with original and revised budgets by financial period, with real-time reports including all project costs such as inventory items, non-inventory items, labor, and services.
Change Order Management
Whether changes originate from the customer or internal requirements, Project Accounting can manage scope changes and optimize project management. Change orders can be added to all documents, including revenue budgets, cost budgets, and purchase items, thereby strengthening audit controls.
Company-Specific Financial Periods
Even when multiple companies share the same system and users, as well as vendors, inventory, and employee data, different financial periods can still be defined at the subsidiary level.
Project Quotation Management
Supports complex quotation processes, streamlines project bidding and pricing, and improves project control and management. Generate and update quotations, integrate with CRM, track versions, and add detailed pricing to projects.